This month’s industry updates centre on market recalibration, policy intervention, and sector-wide reflection across the Greater Golden Horseshoe. Fresh reporting from the Toronto Regional Real Estate Board (TRREB) points to continued softness in new home sales alongside a cautiously stable outlook for 2026, while new survey findings signal internal priorities around governance, transparency, and technology modernization. At the municipal level, Burlington is weighing temporary development charge relief in response to record-low sales activity, as industry events, education sessions, and awards programs provide opportunities for professional development and recognition heading into early spring.

Toronto skyline, image by UrbanToronto Forum contributor skycandy

Announcements

TRREB Releases Comprehensive Member Survey Findings
TRREB has published results from what it describes as its most extensive member survey to date, forming the first phase of its Your Voice, Our Future consultation initiative. Conducted by Pollara Strategic Insights in late November and early December, the survey found that roughly four in ten members reported overall satisfaction with their membership experience, while about three in ten expressed neutral views. Respondents identified stronger advocacy, greater transparency, clearer communication around governance and fees, and modernization of MLS® tools as priorities for 2026, with additional engagement planned through focus groups and town halls ahead of a spring report to the membership.

TRREB Forecasts Stable GTA Market Conditions for 2026
TRREB has released its 2026 Market Outlook and Year in Review, projecting relatively stable home sales and pricing across the GTA amid ongoing affordability pressures and cautious consumer sentiment. Sales are forecast to range between 60,000 and 70,000 transactions, with the average selling price expected to fall between $1M and $1.03M, as elevated inventory levels continue to temper price growth, particularly in the condominium segment. Ipsos polling cited in the report indicates softer buying intentions year-over-year despite improved affordability, with sustained rental demand and a significant affordability gap for renter households.

Burlington Considers Two-Year Development Charge Relief
Burlington’s Committee of the Whole has received a staff report outlining options for temporary, targeted measures to support housing delivery, including a proposed two-year elimination of residential development charges. In a submission to Council, the Building Industry and Land Development Association (BILD) expressed support for the measure, citing record-low new home sales across the GTA in 2025 and significant declines in both low-rise and high-rise activity in Burlington since 2021. While acknowledging that development charges are only one factor affecting project viability amid broader market and cost pressures, the association argued that temporary relief could help advance stalled projects and signal municipal support for accelerating housing supply.

GTA New Home Sales Fall to 45-Year Low in 2025
New home sales across the Greater Toronto Area reached their lowest level in more than four decades in 2025, with 5,314 units sold, representing an 81% decline from the 10-year average, according to data compiled by Altus Group for BILD. December sales totalled just 240 units, down 24% from the previous year and well below historic norms, with condominium sales particularly weak at 89% below the 10-year average for the year. BILD cautioned that prolonged weakness in sales could significantly reduce housing starts and put up to 100,000 construction-related jobs at risk, as policymakers continue to debate measures aimed at restoring market confidence and advancing provincial housing targets.

Events & Awards

2026 BILD Awards Entry Deadline Extended to February 26
BILD has extended the submission deadline for the 2026 BILD Awards to February 26, providing additional time for industry professionals to enter projects across a wide range of categories. The annual competition recognizes excellence in marketing, architecture and design, sales, customer care, and overall project and builder performance, with several new and revised categories introduced this year. The awards program remains one of the GTA’s most prominent platforms for celebrating achievement in residential development and construction.

Home Depot Connect Tradeshow Returns in February
The Home Depot Canada will host its HD Supply Connect Tradeshow on February 19, 2026 at the Toronto Congress Centre, offering a dedicated industry showcase for BILD renovator and builder members. The afternoon event will feature more than 150 vendor partners presenting new tools, materials, and construction solutions tailored to residential building and renovation professionals. Attendance is free for eligible BILD members, providing an opportunity to connect directly with suppliers and explore emerging products in a focused trade environment.

CHBA to Host Adaptive Home Renovation Course Online
The Canadian Home Builders’ Association will deliver its two-day Adaptive Home Renovation Course online on February 24 and 25, 2026, targeting renovators, contractors, architects, and designers working in the growing aging-in-place market. The program covers Canadian building codes and standards with a focus on safety, accessibility, and occupant health, alongside technical guidance on features such as zero-step entries, curbless showers, ramps, and home automation systems. Participants will also receive training on client communication, privacy, insurance, and legal considerations, with registration priced at $750 for members and $1,000 for non-members.

BILD Webinar to Address Construction Cash Flow Challenges
BILD will host a free members-only webinar on March 4, 2026 focused on identifying and resolving cash flow challenges facing custom builders, renovators, and trade contractors. Led by business strategist Barbara Katz of On Time On Budget Consulting, the session will examine common operational and financial inefficiencies that can erode profitability over time, alongside strategies to improve forecasting and planning. Participants will be introduced to a simplified cash flow projection model intended to help construction businesses anticipate shortfalls, manage timing gaps, and strengthen financial decision-making.

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